Accumulation of trend potential
18 February 2016, GBP/USD
Daily chart: pressure is going to increase in direction of support line 1.4140 (bottom Bollinger line). Support line could be loaded. Envelopes are horizontal the main expectation would be bounce up.
Н4: local support is 1.4203 (bottom Bollinger line).
Н1: horizontal corridor is 1.4263-1.4323.
Expectation: flat 1.4263-1.4323.
Trading decisions: sells from 1.4323 to 1.4263 or perhaps to 1.4203
Aleksey PanasenkoAnalyst of «FreshForex» company
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